+$400 #WTI #RBOB pair #trade : scaled out @14.98

Gasoline Oil spread remains very volatile. I use this volatility to improve the basis while waiting for another summer spike in the price of gasoline.

Exec Time

Spread

Side

Qty

Pos Effect

Symbol

Exp

Strike

Type

Price

Net Price

Order Type

Crack

14.9868

7/3/2018 11:49

FUTURE

BUY

1

TO CLOSE

/CLQ8

18-Aug

FUTURE

73.44

73.44

MKT

7/3/2018 11:49

FUTURE

SELL

-1

TO CLOSE

/RBQ8

18-Aug

FUTURE

2.1054

2.1054

LMT

The previous entries are here.

 How to calculate and trade Simple Crack Spread using gasoline (RBOB) and Texas Oil (WTI) Futures.